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Social impact startups are on the rise in India

A mobile app for midwives to screen pregnant women in rural areas to identify and track high-risk pregnancies. A solar-powered water ATM providing clean water in villages, urban slums, and public places and a smart meter to measure water consumption in households. These are some of the recent innovative technologies that have been created by new social impact tech startups in India.

In the recent past, India’s robust startup community, in sync with the global drive to encourage sustainable business models, has swung into action to leverage technology to build smart and economically viable solutions to accelerate social impact. Indeed, there is a new breed of social tech entrepreneurs offering tech-supported answers to solve India’s age-old problems.

According to the trade association of the Indian IT industry, the National Association of Software and Services Companies (NASSCOM), there are over 400 such social impact startups and they are growing at the rate of 20 per cent. These social entrepreneurs and startups are seeing scalable opportunities and gaps and capitalizing on them to create social impact at scale while remaining profitable, as per NASSCOM. Industry experts believe that social sector startups will form the next phase of disruptive startup growth in the country. And, significantly, they seem to be attracting investor funding as well.

https://indbiz.gov.in/social-impact-startups-are-on-the-rise-in-india/#:~:text=Social impact startups are getting a boost due to government,and setting up innovation and

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